There will be new policies, new supply chains and new manufacturing growth in the New Year. Although 2024 has ended on a sluggish note for most manufacturers with concerns swirling around missed revenue goals, inventory levels tying up cash and supply chain vulnerabilities and risks, there is excitement around changes coming down the pike.
The peak season started two months earlier than normal and extended two months later than normal to account for the volatility and expected disruptions in the global supply chain.
Thriving in 2025 explores three critical strategies to navigate the rapidly evolving business landscape. Lisa Anderson dives into the essential actions leaders must take to stay competitive, resilient and ahead of the curve in the years to come.
In this episode of Supply Chain Chats, Lisa Anderson talks about impacts from the lead up to the election and how the heightened risk levels in the supply chain will lead to a manufacturing renaissance. Manufacturers have been experiencing weaker sales backlogs with customers pushing out orders.
Ramp It Up! explores actionable strategies for supply chain executives to prepare for the looming threat of tariffs. In under 90 seconds, get key insights on how to stay proactive and protect your supply chain from potential disruptions.
What does the election mean for manufacturing and supply chain? Will it be a continuation of the status quo, a surge for manufacturers, or a further dampening of the economy?
Hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria. It appears to be a part of a plan of sophisticated, deadly attacks that targeted specific people, leaving 12 dead and thousands injured.
According to the ISM, "The Manufacturing PMI", a measure of manufacturing activity, registered at 48.5% in June, which is a decline from 48.7% in May.
The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.
The supply chain is in a constant state of disruption. As we discussed on Supply Chain Chats, simple backup plans are no longer enough. In fact, you can look at recent events and determine if a backup is sufficient. Starting with the pandemic, of course, most if not all companies didn't have a sufficient enough backup plan.
